Debenhams Plc (DEB) Receives Consensus Recommendation of “Hold” from Brokerages
Debenhams Plc (LON:DEB) has been given an average rating of “Hold” by the fifteen analysts that are presently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 48.21 ($0.64).
A number of equities analysts have commented on DEB shares. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and issued a GBX 51 ($0.68) price target on shares of Debenhams Plc in a research note on Tuesday, June 20th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 50 ($0.66) price target on shares of Debenhams Plc in a research note on Tuesday, June 27th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 58 ($0.77) price target on shares of Debenhams Plc in a research note on Tuesday, June 27th. Investec decreased their price target on Debenhams Plc from GBX 46 ($0.61) to GBX 39 ($0.52) and set a “sell” rating on the stock in a research note on Tuesday, June 27th. Finally, Deutsche Bank AG decreased their price target on Debenhams Plc from GBX 50 ($0.66) to GBX 45 ($0.60) and set a “hold” rating on the stock in a research note on Wednesday, June 28th.
Shares of Debenhams Plc (LON DEB) opened at 47.00 on Friday. Debenhams Plc has a one year low of GBX 39.75 and a one year high of GBX 59.35. The company has a 50-day moving average price of GBX 43.68 and a 200 day moving average price of GBX 47.03. The company’s market capitalization is GBX 576.74 million.
About Debenhams Plc
Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The Company’s brand trades through approximately 240 stores in 27 countries. The Company’s segments are UK and International. The UK segment consists of stores in the United Kingdom and online sales to the United Kingdom addresses.
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